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earlybird14 Supreme	27-Feb-2014 12:47        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	35 cents is coming
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stockpicker Master	27-Feb-2014 11:12        stockpicker About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is Copeninca's Dec balance sheet.. http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=COP:NO& dataset=balanceSheet& period=A& currency=native it is slightly better than CF but no much better.    The former management appears to have left Copeninca in a horrible  state which saw  total receivable jumped almost 10 times from 27 mil to 248 mil and Long term debt from 183 mil  to 250 mil... its ratio is lagi worse..with many financial ratios under water. http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=COP:NO Just hope CF can manage to turn the company around by end of this year as promised..
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JMS213 Senior	26-Feb-2014 07:51        JMS213 About Contact  Quote this Post!   Mood: Yells: "Just living is not enough. One must have sunshine, freedom !"
x 0   x 0  Alert Admin	Hear what the Board of Greater China Fishery said " .... Management is    confident of achieving continued profitability for the    financial year 2014    of the Company    ending 28 September 2014.  By Order of the Board   Chan Tak Hei  Director
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JMS213 Senior	26-Feb-2014 07:48        JMS213 About Contact  Quote this Post!   Mood: Yells: "Just living is not enough. One must have sunshine, freedom !"
x 0   x 0  Alert Admin	Listen to the Expert, Rating Agency For Fitch to downgrade CF's rating on    3 Dec 2012 & 4 July 13,    is a matter of fact,considering the size of the acquisition. Fitch said it aptly " China's Fishery's credit profile has weakenedfollowing the acquisition    of Copeinca ASA"     ...    it is matter of fact,  any acquisition of this magnitude would have weakened the company.    Yesterday, the whole article by Fitch,    is a resounding " YES" [Positive] and an affirmation of China Fishery's success in their acquisition.    I am sure, they cannot be too quick to UP the rating just in 1 quarter    "   Pacific Andes' Q1 results lifted by subsidiary China Fishery" .    However, they did indicate that the next quarter    " higher inventory will support stronger sales and operating cash generation in    2QFY14  than in  1QFY14."     (The following statement was released by the rating agency) SINGAPORE, February 23 (Fitch) Fitch Ratings says that    China  Fishery Group Limited (China Fishery BB-/Negative)  has adequate liquidity to manage its higher refinancing needs in 2014 due to continued bank support and likely higher operating cash flow generation. The company indicated at a regular briefing with Fitch that it is on track with its efforts to refinance its bridge loan as well as other borrowings that fall due this year. In its 2013 annual report, the company said the USD356m bridge loan will be refinanced with medium- to long-term bank loans. Fitch is also of the view the fact that the providers of the bridge loan are among the    banks  in line to participate in the refinancing exercise means    the company likely has room to manoeuvre on the loan repayment.    China Fishery's operating cash flow    remains healthy    as reflected in the USD61m funds from operations it generated in its fiscal first quarter that ended December 2013 (1QFY14).    The increase in its inventory to USD199m in 1QFY14 from USD98m in the whole of FY13 was helped    by its  successful catch    in the just-concluded Peruvian anchovy    fishing  season (November 2013-January 2014).    The higher inventory will support stronger sales and operating cash generation in 2QFY14 than in 1QFY14.  China's Fishery's credit profile has weakened    following  the acquisition of Copeinca ASA for USD778m in August 2013. The Negative Outlook on the company's ratings reflects its elevated risk profile following this transaction.    [Matter of Fact]  newbie888      ( Date: 26-Feb-2014 00:13) Posted: yes I agree.. but after such a huge acquisition, I guess we should give the co. some time to prove to the shareholders that the acquisition is a worthy one...I don't think seed can blossom overnight...and despite the huge liabilities/debt the co. is facing now, they are still able to give out dividend,even though low but better than none...surely they won't give it out blindly? 2 billion+ shares at 1 cent/share is not a small sum too (if they are really as cash strap as we thought)... in  my view, the company will forgo its dividend payout if the future is bleak and full of uncertainties that is totally unpredictable...thus the dividend may be  a sign that the  situation is still within their control....but I guess the price may still fluctuate due to the highhhh debt and low capital ratio...but once these dark clouds are clear then china fish shall fly again...cheers... stockpicker      ( Date: 25-Feb-2014 21:47) Posted: I would be very careful when I    read company's announcement especially about  their abilities to meet certain requirements.  A good company will need no such announcements as their balance sheets and financial statements will tell everything      Besides having a very high debt level,  CF also has some other  warning signs such as low current ratio,  low dividend yield,    low revenue to receivable ratio,  low acid test ratio and low working capital ratio etc   etc.  One will see CF's price going nowhere   unless they can improve these ratios and figures.  hhttp://www.accountingtools.com/working-capital-ratio http://www.investopedia.com/terms/a/acidtest.asp
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Redstar8730 Master	26-Feb-2014 00:13        Redstar8730 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already XD le, that's y tp is dropping..:(
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newbie888 Veteran	26-Feb-2014 00:13        newbie888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes I agree.. but after such a huge acquisition, I guess we should give the co. some time to prove to the shareholders that the acquisition is a worthy one...I don't think seed can blossom overnight...and despite the huge liabilities/debt the co. is facing now, they are still able to give out dividend,even though low but better than none...surely they won't give it out blindly? 2 billion+ shares at 1 cent/share is not a small sum too (if they are really as cash strap as we thought)... in  my view, the company will forgo its dividend payout if the future is bleak and full of uncertainties that is totally unpredictable...thus the dividend may be  a sign that the  situation is still within their control....but I guess the price may still fluctuate due to the highhhh debt and low capital ratio...but once these dark clouds are clear then china fish shall fly again...cheers... stockpicker      ( Date: 25-Feb-2014 21:47) Posted: I would be very careful when I    read company's announcement especially about  their abilities to meet certain requirements.  A good company will need no such announcements as their balance sheets and financial statements will tell everything      Besides having a very high debt level,  CF also has some other  warning signs such as low current ratio,  low dividend yield,    low revenue to receivable ratio,  low acid test ratio and low working capital ratio etc   etc.  One will see CF's price going nowhere   unless they can improve these ratios and figures.  hhttp://www.accountingtools.com/working-capital-ratio http://www.investopedia.com/terms/a/acidtest.asp
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srichipan Master	26-Feb-2014 00:12        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got it
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newbie888 Veteran	25-Feb-2014 23:59        newbie888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	isn't it XD already? srichipan      ( Date: 25-Feb-2014 23:22) Posted: Guys when is the cut off date for the dividends?
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srichipan Master	25-Feb-2014 23:22        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys when is the cut off date for the dividends?
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JMS213 Senior	25-Feb-2014 21:48        JMS213 About Contact  Quote this Post!   Mood: Yells: "Just living is not enough. One must have sunshine, freedom !"
x 0   x 0  Alert Admin	Bro, don't you know the OCEANS did not dry up ...... whales still living there .... man still loves fish.
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stockpicker Master	25-Feb-2014 21:47        stockpicker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would be very careful when I    read company's announcement especially about  their abilities to meet certain requirements.  A good company will need no such announcements as their balance sheets and financial statements will tell everything      Besides having a very high debt level,  CF also has some other  warning signs such as low current ratio,  low dividend yield,    low revenue to receivable ratio,  low acid test ratio and low working capital ratio etc   etc.  One will see CF's price going nowhere   unless they can improve these ratios and figures.  hhttp://www.accountingtools.com/working-capital-ratio http://www.investopedia.com/terms/a/acidtest.asp
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ysh2006 Supreme	25-Feb-2014 21:25        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No water no fish to catch ...signed contract also no use lah !!must have water area to fish mah...
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JMS213 Senior	25-Feb-2014 21:09        JMS213 About Contact  Quote this Post!   Mood: Yells: "Just living is not enough. One must have sunshine, freedom !"
x 0   x 0  Alert Admin	SLPY, CHINA FISHERY'S BOARD SHOUT THE LOUDEST. READ THE LATEST ANNOUNCEMENT. CLARIFICATION ON THE SUPPLEMENTAL CIRCULAR  DATED 10 FEBRUARY 2014 IN RELATION TO THE ACQUISITION OF A SIGNIFICANT EQUITY INTEREST IN COPEINCA ASA The Board is wanting to make clear   " .... Management is  confident of achieving continued profitability for the next year" ,refers to the  financial year 2014  of the Company  ending 28 September 2014. By Order of the Board   Chan Tak Hei  Director  Lafayette is cruising .....  confident of achieving continued profitability for the financial year 2014.  More good days ahead !!!
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SLPY69 Senior	25-Feb-2014 17:54        SLPY69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, are you trying " shout the loudest win" ? How about this, you scamper to cover your position and we buy along with you ? You left out this permutation, you buy we buy ....  Anyway, I understand Malaysia is hoping for rain and rationing water,  Singapore Botanic Garden pond also going to dry up. We are needing rain ....    will pray for rain to come ....
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earlybird14 Supreme	25-Feb-2014 17:02        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	You buy, I sell You sell, I buy. You don't sell, how I can buy at TP and below 35? Last result show 2 critical facts which will drive this stock down before next earning, debt and bad North Pacific Ocean result. This fish will be  down further, be patient to load cheap. Existing holders only panic panic and panic in next 3 months   IkanBilis      ( Date: 25-Feb-2014 15:26) Posted: earlybird14 asking people to sell sell sell now.. not too long ago, still asking people to buy buy buy.. so you sure now is sell sell sell ??  earlybird14      ( Date: 25-Feb-2014 14:29) Posted: North pacific ocean business is gone case, down continually year to year! Russian has kicked Pacific Andes out year by year. This business used to be 60 to 70% revenue and highest profit margin. Now, getting worse and worse. Copeinca acquisition is not able to cover the big hole especially, the profit margin is not as high as. Before Russia monopoly issue, China Fish can only list 9.75% interest  for the 300M  loan. How much interest China Fish has to pay now to finance close to 500M bridge loan? TP 35cents or below till the bridge loan refinancing is settled.
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CWC*** Member	25-Feb-2014 15:32        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Interesting things is that last time said Russian case over liao....... now said getting worse and worse.......less than a month ......pei fu pei fu...... IkanBilis      ( Date: 25-Feb-2014 15:26) Posted: earlybird14 asking people to sell sell sell now.. not too long ago, still asking people to buy buy buy.. so you sure now is sell sell sell ??  earlybird14      ( Date: 25-Feb-2014 14:29) Posted: North pacific ocean business is gone case, down continually year to year! Russian has kicked Pacific Andes out year by year. This business used to be 60 to 70% revenue and highest profit margin. Now, getting worse and worse. Copeinca acquisition is not able to cover the big hole especially, the profit margin is not as high as. Before Russia monopoly issue, China Fish can only list 9.75% interest  for the 300M  loan. How much interest China Fish has to pay now to finance close to 500M bridge loan? TP 35cents or below till the bridge loan refinancing is settled.
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IkanBilis Member	25-Feb-2014 15:26        IkanBilis About Contact  Quote this Post!
x 0   x 0  Alert Admin	earlybird14 asking people to sell sell sell now.. not too long ago, still asking people to buy buy buy.. so you sure now is sell sell sell ??  earlybird14      ( Date: 25-Feb-2014 14:29) Posted: North pacific ocean business is gone case, down continually year to year! Russian has kicked Pacific Andes out year by year. This business used to be 60 to 70% revenue and highest profit margin. Now, getting worse and worse. Copeinca acquisition is not able to cover the big hole especially, the profit margin is not as high as. Before Russia monopoly issue, China Fish can only list 9.75% interest  for the 300M  loan. How much interest China Fish has to pay now to finance close to 500M bridge loan? TP 35cents or below till the bridge loan refinancing is settled.
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CWC*** Member	25-Feb-2014 15:21        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	wait for panic selling until my neck long long laio...... earlybird14      ( Date: 25-Feb-2014 14:19) Posted: Reinforcement? Panic selling is coming SLPY69      ( Date: 25-Feb-2014 11:47) Posted: Haha I am a newbie ... but from all the chats .... you zha lak liao you must have shorted the BB. You better hope the reinforcement don't come in so soon, otherwise you have to scamper to take cover. Be like panda ... Most investors are paper loss now .... good days for China Fishery.
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JMS213 Senior	25-Feb-2014 15:18        JMS213 About Contact  Quote this Post!   Mood: Yells: "Just living is not enough. One must have sunshine, freedom !"
x 0   x 0  Alert Admin	Result is going to be announced. There is no panic .... many good days. It will surely come ... I herd they have concluded the loan, be patience it will be broadcast ...   earlybird14      ( Date: 25-Feb-2014 14:19) Posted: Reinforcement? Panic selling is coming SLPY69      ( Date: 25-Feb-2014 11:47) Posted: Haha I am a newbie ... but from all the chats .... you zha lak liao you must have shorted the BB. You better hope the reinforcement don't come in so soon, otherwise you have to scamper to take cover. Be like panda ... Most investors are paper loss now .... good days for China Fishery.
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earlybird14 Supreme	25-Feb-2014 14:29        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	North pacific ocean business is gone case, down continually year to year! Russian has kicked Pacific Andes out year by year. This business used to be 60 to 70% revenue and highest profit margin. Now, getting worse and worse. Copeinca acquisition is not able to cover the big hole especially, the profit margin is not as high as. Before Russia monopoly issue, China Fish can only list 9.75% interest  for the 300M  loan. How much interest China Fish has to pay now to finance close to 500M bridge loan? TP 35cents or below till the bridge loan refinancing is settled.
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